Foxconn Industrial Internet Completes Initial Share Buyback Worth 149 Million Yuan

Stock News08-19

Foxconn Industrial Internet Co.,Ltd. (SH: 601138) has announced its first-ever share repurchase on the Shanghai Stock Exchange, marking a significant step in its capital management strategy.

On August 19, 2026, the company purchased 2.4144 million shares through a centralized bidding transaction system, representing approximately 0.01% of its total issued share capital. The buyback was executed at prices ranging from a low of RMB 61.35 per share to a high of RMB 61.97 per share.

The total amount utilized for this initial repurchase stood at RMB 149 million, excluding transaction fees such as trading commissions and transfer fees. This move reflects the company's commitment to enhancing shareholder value and signaling confidence in its long-term growth prospects.

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